Galecto Inc
For the period ended Sep 30, 2024. Filed Nov 1, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2024 · Filed Nov 1, 2024
DMRA$24.07+1.6%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Balance Sheets
(in thousands, except share and per share amounts)
| September 30, | December 31, | |
|---|---|---|
| 2024 | 2023 | |
| Assets · (unaudited) | ||
| Current assets | ||
| Cash and cash equivalents | $19,678 | $21,465 |
| Marketable securities | — | 11,686 |
| Prepaid expenses and other current assets | 1,500 | 3,623 |
| Total current assets | 21,178 | 36,774 |
| Operating lease right-of-use asset | 32 | 247 |
| Equipment, net | 62 | 78 |
| Other assets, non-current | 2,104 | 1,128 |
| Total assets | $23,376 | $38,227 |
| Liabilities and stockholders’ equity | ||
| Current liabilities | ||
| Accounts payable | $503 | $1,702 |
| Accrued expenses and other current liabilities | 1,938 | 4,128 |
| Total current liabilities | 2,441 | 5,830 |
| Operating lease liabilities, non-current | — | 66 |
| Total liabilities | 2,441 | 5,896 |
| Commitments and contingencies (Note 9) | ||
| Stockholders’ equity | ||
| Preferred stock, par value of $0.00001 per share; 10,000,000 shares authorized at September 30, 2024 and December 31, 2023; no shares issued or outstanding as of September 30, 2024 and December 31, 2023 | — | — |
| Common stock, par value of $0.00001 per share; 300,000,000 shares authorized at September 30, 2024 and December 31, 2023; 1,253,843 and 1,084,508 shares issued and outstanding at September 30, 2024 and December 31, 2023, respectively | — | — |
| Additional paid-in capital | 291,053 | 288,036 |
| Accumulated deficit | (270,783) | (256,085) |
| Accumulated other comprehensive income | 665 | 380 |
| Total stockholders’ equity | 20,935 | 32,331 |
| Total liabilities and stockholders' equity | $23,376 | $38,227 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.